Management

Dr. Stelios Loumakis – Managing Partner

Born in Athens he graduated Chemical Engineer, National Technical University of Athens (NTUA), in 1992. At post-graduate level he has been awarded the degree of Master of Business Administration (MBA) from Portsmouth University of U.K. and since 2019 he holds a PhD from NTUA accomplishing a doctoral thesis in the field of Electricity Market Operation and Renewables Penetration. Furthermore he has attended dozens of seminars and courses in technical, financial and managerial field while many of them related to photovoltaic technology and PV plant design. He is a member of TEE (Technical Chamber of Greece) since 1993 and he made his military service in the Hellenic Navy.
He started his professional career at late ‘80s in parallel with his studies in the family business, for decades involved in exports of garments to the European markets. During ‘90s he developed a new department trading OTC para-pharmaceuticals, diagnostic tests and health products both in Greece and Cyprus. Later on he worked for five years as an executive in Marketing and Sales in the leading multinational company Sara Lee Household & Body Care Hellas AE and later to the Greek industrial bread and food company Karamolegos AE. Back in business he was involved for five years in the rapidly expanding sector of organized bread and food retail in co-operation with the food and bread industrial company Katselis ABEE. In 2006 he entered the field of power generation through photovoltaic (PV) technology. He pioneered in Greece developing centralized PV plants. His company’s first centralized PV plant was one of the first of its kind in the country and was connected to the grid in April 2008.
Furthermore, acting as consultant, he enjoys valuable business, engineering, techno-economic and arbitration experience (member of RAE list of Arbitrators) in the field of wholesale electricity market and renewables (indicative clientele SPI Energy, EYDAP, Attica Finance Consulting, Interphoton Group, Intertrade Hellas, El Pack, EasyPower a.o.) and is the President of the Hellenic Association of Photovoltaic Energy Producers (www.spef.gr) since December 2011. SPEF is the official business and scientific association founded in 2009 that represents in Greece power generating organizations from PVs. Due to this role he enjoys extensive experience and presence with articles, technical studies, law proposals, participation in public consultations and speeches in several highly esteemed conferences local and abroad. During 2014-2017 he has been an active member of ACCI (Athens Chamber of Commerce and Industry) Business Angels Network, supporting business development in several other sectors.

Costas Loumakis – Managing Partner

Born in Athens he graduated Chemical Engineer, National Technical University of Athens (NTUA), in 1992. He has attended a significant number of seminars in technical field while many of them related to photovoltaic technology and PV plant design. Additionally he specializes in computers, networks and software administration.He started his professional career in the family business for decades involved in exports of garments to European markets. He continuous up today while has developed a wide portfolio of producers both in Greece and Balkans aiming to the competitiveness of the final product.Since 2006 he is in the business of power generation through photovoltaic (PV) technology. He pioneered in Greece developing centralized PV plants. His company’s first centralized PV plant was one of the first of its kind in the country and was connected to the grid in April 2008.